Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

The interest rate on fixed-rate HELOCs stays the same, as opposed to fluctuating as it does with traditional HELOCs. Some lenders let you convert part of a traditional variable-rate HELOC balance ...

These HELOCs give you the option to lock some or all of your balance in at a fixed rate. This can be beneficial if interest rates start rising. For example, Bank of America, one of our top HELOC ...

What the market trends are: With current HELOC rates slightly lower, they could be the cheaper option for short-term ...

Considering borrowing with a HELOC this year? Then start thinking about the answers to these three questions now.

Fixed-rate home equity lines of credit are a way to tap your home’s equity while giving you predictable payments. Some or all of the mortgage lenders featured on our site are advertising ...

With a home equity loan, you receive a one-time lump sum upfront. Then you’ll repay the debt over time in fixed installments, usually with a fixed interest rate. Unlike the HELOC, you’ll need ...

Home equity loans typically have fixed rates, meaning your rate will stay the same until you pay off the loan. Home equity lines of credit, or HELOCs, usually come with variable rates where the ...

You can refinance a home equity loan by replacing it with a new home equity loan, a new home equity line of credit (HELOC), or a new, larger first mortgage.

Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...